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Bupa deal set to create UK’s biggest care homes provider

An investment group that is set to be the biggest care homes owner in Britain has vowed that it will not become the next Southern Cross.

HC-One is poised to acquire about 120 homes from Bupa, possibly through a debt and equity deal amid unease about the implications for the group’s debt levels and with memories of Southern Cross’s collapse fresh in the memory.

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Dr Chai Patel

CBE FRCP

All rights reserved. Copyright © Court Cavendish Ltd 2019.

Website by PLMR.

Dr
Chai
Patel

CBE FRCP

All rights reserved. Copyright © Court Cavendish Ltd 2020.